§ 8113
53 words·~1 min read·
/ca/commercial-code/8113A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
A contract or modification of a contract for the sale or purchase of a security is enforceable whether or not there is a writing signed or record authenticated by a party against whom enforcement is sought, even if the contract or modification is not capable of performance within one year of its making.